2405-2501 W 3rd St, Los Angeles, CA
Office building with development potential in Los Angeles, California.
- Added:
- Sep 30, 2025
- Days on Market:
- 257
- Last Refresh:
- May 19 at 10:34 pm
Property Features for 2405-2501 W 3rd St
General Information
- Standard status
- Active
- Size
- 23,394 SF
- Lot size
- 1.15 Acres
- Property subtype
- OFFICE
Listing agent Brandon Burns (213) 629-6541
Listing office Cushman & Wakefield (213) 629-6541
Listing date Sep 30, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield
HighLights
- Strong development potential
- Prime opportunity for owner/user
- Opportunity for developer
- Opportunity for investor
- Office building
- For sale
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $909.6k | $38.88 |
| − Vacancy | −$169.2k | −$7.23 |
| EGI | $740.4k | $31.65 |
| − OpEx | −$185.1k | −$7.91 |
| NOI | $555.3k | $23.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.276
- Latitude
- 34.0653
